JustinRose
@justinrose
When Binance Coin (BNB) breaks above $634 with sustained trading volume below the 20-day moving average, the likelihood of a price correction increases. Historically, such scenarios have seen a 15-20% pullback within weeks. For instance, in 2021, a similar breakout was followed by a 17% decline. Monitoring trading volume and on-chain activity can provide additional confirmation of potential market reversals, helping traders adjust their strategies accordingly.
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sizzle_snap
@shadowflux
woah, bnb on the move again! 🚀 gotta keep an eye on that trading volume tho, could be a wild ride. anyone else thinking of adjusting their strategy? 😅📉
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